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GAIN logoGladstone Investment Corporation (GAIN) Earnings History

Annual and quarterly earnings data from 2006 to 2025

TTM Net Income
$130M
Profitable
TTM EPS
$3.29
Diluted
YoY EPS Growth
-27.9%
Declining
Net Margin
72.7%
Profitability
Operating Margin72.7%
Gross Margin68.6%
ROE13.2%
ROA6.7%
Highest Annual Net Income$102M (2022)
Highest Quarterly EPS$1.66 (Q3 2026)
Consecutive Profitable Years5 years
Q3 2026
Net Income$66M
EPS$1.66
QoQ Growth+129.5%Excellent

Loading earnings history...

GAIN EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-27.9%
Declining
3-Year
-16.7%
Declining
5-Year
N/A
N/M
10-Year
-0.5%
Slow

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

GAIN Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202568.6%72.7%72.7%
202476.6%82.7%82.7%
202367.3%73.2%73.2%
202288.3%91.2%91.2%
202191.6%79.8%79.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Gladstone Investment Corporation (GAIN) Earnings Overview

As of May 8, 2026, Gladstone Investment Corporation (GAIN) reported trailing twelve-month net income of $130M, reflecting -27.9% year-over-year growth. The company earned $3.29 per diluted share over the past four quarters, with a net profit margin of 72.7%.

Looking at the long-term picture, GAIN's historical earnings data spans multiple years. The company achieved its highest annual net income of $102M in fiscal 2022.

Gladstone Investment Corporation maintains industry-leading profitability with a gross margin of 68.6%, operating margin of 72.7%, and net margin of 72.7%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including HTGC ($289M net income, 62.1% margin), ARCC ($1.15B net income, 41.3% margin), GBDC ($205M net income, 43.2% margin), GAIN has outperformed on profitability metrics. Compare GAIN vs HTGC →

GAIN Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
GAIN logoGAINCurrent
$130M$3.2972.7%13.2%-27.9%—
HTGC logoHTGC
$289M$1.4762.1%16.2%+14.9%
ARCC logoARCC
$1.1B$1.6041.3%9.4%-23.8%
GBDC logoGBDC
$205M$0.7843.2%9.4%+4.4%
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
CSWC logoCSWC
$103M$1.5443.1%8.6%-28.3%
Best in group
Lowest in group

GAIN Historical Earnings Data (2006–2025)

20 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$65M-23.4%$65M$1.7872.7%72.7%
2024$85M+140.0%$85M$2.4782.7%82.7%
2023$36M-65.3%$36M$1.0773.2%73.2%
2022$102M+141.0%$102M$3.0891.2%91.2%
2021$42M+686.9%$42M$1.2879.8%79.8%
2020-$7M-108.9%-$7M$-0.22-60.5%-60.5%
2019$82M+34.4%$82M$2.4977.4%77.4%
2018$61M+35.6%$61M$1.8887.5%87.5%
2017$45M+80.1%$45M$1.4884.6%84.6%
2016$25M-50.5%$25M$0.8274.7%74.7%

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GAIN — Frequently Asked Questions

Quick answers to the most common questions about buying GAIN stock.

Is GAIN growing earnings?

GAIN EPS fell to $3.29, with earnings declining -27.9%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $130M.

What are GAIN's profit margins?

Gladstone Investment Corporation net margin is +72.7%, with operating margin at +72.7%. Above-average margins indicate pricing power.

How consistent are GAIN's earnings?

GAIN earnings data spans 2006-2025. The declining earnings trend is -27.9% YoY. Historical data enables comparison across business cycles.

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GAIN Earnings Over Time (2014–2025)

Net income and EPS trends